Stock Name: POS
Company Name: POS MALAYSIA BHD
POS ( 4634 : 2.66 ) : Targeting 2.92
Description
Resistance : 2.92 3.10
Support : 2.60
RSI of 42
RSI is starting to stabilise
STOCHASTIC
It is on a positive divergence
TREND INDICATOR
Comment
With the downside limited to the lower trendline of 2.60, it is likely to head higher to 2.92
Trading Strategy
Buy. Stop loss is at 2.60
Source:Jupiter Securities Research 6 March 2012
Company Name: POS MALAYSIA BHD
| Research House: JUPITER | Price Call: BUY | Target Price: 2.92 |
POS ( 4634 : 2.66 ) : Targeting 2.92
Description
Resistance : 2.92 3.10
Support : 2.60
RSI of 42
RSI is starting to stabilise
STOCHASTIC
It is on a positive divergence
TREND INDICATOR
Comment
With the downside limited to the lower trendline of 2.60, it is likely to head higher to 2.92
Trading Strategy
Buy. Stop loss is at 2.60
Source:Jupiter Securities Research 6 March 2012
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